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Thorsten Wegener On the Simplest Way to Understand Option Markets
Macro Hive Conversations With Bilal Hafeez
English - June 03, 2022 09:16 - 1 hour - 58 MBInvesting Business News Business News finance investing economics Homepage Download Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Stéphane Ouellette on the Crypto Crash, and What Next
Thorsten spent twenty years trading equity derivatives and was a partner at Bear Stearns. He was also head of equity derivatives at Panmure Gordan and Head of Trading Warrants and Structured Products at WestLB. Currently, he educates and lectures on derivative markets.
On this podcast we discussed a simple explanation of options, how to understand volatility, and how to trade VIX. He also gave his views on skew and the volatility smile, how to manage your options position, understanding the greeks – delta, gamma, theta, and the different players in the options market. Finally, on a more personal note, Thorsten shared the books that influenced him the most: Reminiscences of a Stock Operator (Lefvre), and Atlas Shrugged (Rand).